SHANA -- Iranian Minister of Petroleum Bijan Zangeneh said preventing sale of raw materials including crude oil and gas was one of the main plans of the Iranian Ministry of Petroleum, adding production of $25-billion worth of petrochemicals by 2021 was a major leap in the industry which would continue. Addressing the opening ceremony of the 13th ...

Press TV - Iran and China have updated a 25-year deal signed first in 2016 that foresees $400 billion of Chinese investment in the resource-rich Middle Eastern nation, well-regarded energy industry publication the Petroleum Economist reports. The update came during a visit at the end of August by Iranian Foreign Minister Mohammad Javad Zarif to ...

Al-Monitor | Bijan Khajehpour: Irans anti-corruption campaign has gained a rare momentum. There is regular reporting about new arrests and court cases against corrupt entities, including former ministers and high-ranking officials. Considering the countrys political culture and intense factional competition, many have suggested that the campaign ...

SHANA -- Irans 2015 historic nuclear deal with the West is known as the biggest important event in the petroleum industry in recent years. The agreement, which was achieved after 10 years of intensive diplomatic talks, cleared the way for the return of Irans oil to global markets. Iran intends to take advantage of this opportunity to relaunch ageing ...

SHANA -- Iranian Minister of Petroleum Bijan Zangeneh described the current state of Irans export of petrochemicals and petroleum products as satisfactory. During a meeting with members of the energy committee of the Iranian parliament on Sunday, Zangeneh said the previous Iranian calendar year of 1397 which ended on March 20 was a good year for ...

SHANA -- A member of the Iranian parliament said that the petroleum industry played a key role in the countrys economy. Sekineh Almasi told Shana that the sector could help the country to pass behind stagflation and herald booming businesses as well as introducing novel technologies. She said the petroleum industry was the oldest industry in ...

SHANA -- Irans petrol production capacity stands at 76 million liters per day and its gasoil output is 44 ml/d on average, which make the country the largest producer of the items in the region. Addressing a press conference on Sunday, Alireza Sadiqabadi, the CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), said in terms ...

IRNA- Director of the projects of the National Iranian Petrochemical Company said that the construction of a large petro-refinery complex began in the Jask region (Oman Sea Coast). Iran intends to boost its power of maneuver in the energy market, in addition to reducing its dependence on the Strait of Hormuz with the development of the Jask region ...

SHANA -- We view sanctions as the conditions or the scope of project, i.e. assessing every factor, which is likely to affect the project processes and the triangle of time-quality-cost for a project. To know when and at what cost projects are implemented, is of paramount significance from the viewpoint of management methodology. When such analysis ...

SHANA -- Born in 1908, Irans petroleum industry went through ups and downs during the first four decades of its life. Throughout a forty-year period, oil-rich areas had been discovered in southwestern Iran, oil activities had expanded throughout World War I (WWI) and Iran had experienced a new monarchy system. In the wake of the outbreak of WWII,...

MNA Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday the countrys petroleum revenues had exceeded expectations by 25% in the first half of the current fiscal year (started on March 21). Zanganeh added that his ministry would exert every effort to counteract the outrageous US sanctions against the Islamic Republic in various ...

SHANA - Plans are under way to install a new petroleum oil jetty which will be able to berth vessels with up to 50,000 tons of storage capacity. According to the National Iranian Oil Products Distribution Company (NIOPDC), director of the company's planning Shahram Rezaei said the jetty is being installed in line with the development project of ...

SHANA -- The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) said plans were under way to involve the domestic private sector in the swap and export of petroleum products. Mohammad Reza Mousavikhah said a call had been issued for identifying qualified and eligible domestic companies in the field of petroleum export and swap....

SHANA -- The petrol output of Bandar Abbas Gas Condensate Refinery, also known as Persian Gulf Star Refinery, has reached 27.5 million liters per day, the plant's managing director says. According to the National Iranian Oil Refining & Distribution Company (NIORDC), Mohammad Ali Dadvar said production of petrol at the plant stands at 27.5 million ...

Sputnik - A high-profile Iranian official has pointed out that the potential US sanctions that US President Donald Trump touched upon last week have not so far affected the flow of oil supplies to international markets, despite earlier predictions. US President Donald Trump directed his Secretaries ofState, Energy, and the Treasury tosignificantly ...

SHANA -- Iran's Research Center of Petroleum Industry (RIPI) is to launch a refinery in Syria, a RIPI official said. Addressing a press conference on the center's latest activities and achievements, Deputy RIPI Head of Technology and International Relations Mansour Bazmi said the facility it to be developed with the technologies RIPI has developed....

IRNA Iran's Minister of Petroleum said on Wednesday that Iranian companies are ready to implement gas and oil projects in Iraq. 'Iran's Ministry of Petroleum is prepared to boost cooperation with Iraq's oil and gas sector,' Bijan Zangeneh told an Iraqi delegation in Tehran. Meanwhile, Iraq's Oil Minister's special envoy Laith Abdul Hussein Shahir ...

Shana -- First Vice President Eshaq Jahangiri honored Iranian Ministry of Petroleum's achievements over the past 4 years, saying the ministry could save the country 272 million barrels of oil by proper management during the period. Speaking at the Supreme Energy Council on Monday, the official said the ministry's operations have also reduced emission ...

IFP- Irans free gas export to Turkey has given rise to a considerable controversy in the country with some calling it a great loss inflicted on the national treasury for which the incumbent government is to blame, and some saying that Ankara has already paid for the gas it is receiving from Tehran for free. The former Iranian oil minister,...

Shana -- Iranian Minister of Petroleum Bijan Zangeneh said presence of foreign developers in oil and gas projects in Iran would ensure economic stability and development in oil industry while keeping the enemies away. Addressing the Parliament on Sunday, the official said Iran can already cooperate with a limited number of foreign firms in oil projects;...